MINNEAPOLIS – Rob Woseth has been promoted to the position of executive vice president and chief financial officer of Supervalu Inc., effective Feb. 25. Woseth has been serving as interim CFO since July 2017 and has held the position of executive vice president, chief strategy officer since 2013.
“Following a thorough internal and external search, Rob is the clear choice and we’re delighted to have him assume the CFO role on a permanent basis,” said Mark Gross, Supervalu’s president and CEO. “Rob has strong business acumen and he’s been a thoughtful steward of our business and finance organization these past eight months. His financial knowledge, strategic thinking and deep grocery industry expertise have helped drive many of our successes over the past several years, including the sale of our Save-A-Lot business and the completion of the Unified Grocers and Associated Grocers of Florida acquisitions this past year.”
Woseth has 15 years of experience in the grocery industry, previously working as vice president, Business Development and Strategy at Albertson’s LLC. He has also held financial leadership positions as vice president, Research, for Water Tower Capital, LLC and as vice president of investment banking at US Bancorp Piper Jaffray.
“I’ve been thoroughly impressed with Rob’s leadership and guidance and have seen firsthand his ability to effect positive change in this role,” Gross added. “The Board and I are confident in Rob’s ability to make important contributions to advancing the Company’s growth strategy, while maintaining a disciplined approach to capital allocation and improving stockholder value.”
Woseth holds a master’s degree in business administration with an emphasis in strategic management from the Univ. of Minnesota’s Carlson School of Business.